Serba Dinamik net profit soars to RM631.7mil in 2020

TheStar Fri, Feb 26, 2021 06:39pm - 5 years View Original


KUALA LUMPUR: Serba Dinamik Holdings Bhd said its net profit in the last quarter jumped 43% to RM202mil, as revenue swelled by a third to RM1.81bil.

This boosted its full year earnings to a new high of RM631.7mil, or 17 sen a share.

Serba Dinamik has declared a fourth interim dividend of 1.6 sen a share in the quarter ended Dec 31, lifting its payout for the year to 5.45 sen a share.

The group said its operation and maintenance (O&M) business generated RM1.5bil in revenue during the last quarter, while the engineering, procurement, construction and commissioning (EPCC) segment doubled its contribution top RM203mil.


Serba Dinamik said the higher price of crude oil is expected to boost the group's performance in 2021.

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Jason Siew
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Price wise Serba still down Y-o-Y

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